Skip to main content

About your Search

20121201
20121231
Search Results 0 to 6 of about 7 (some duplicates have been removed)
. these are your headlines from around the world -- >> opec ministers expect to agree on keeping their output target. talks about the level of u.s. production, rivalries between iran and saudi arabia, and a new secretary general could get heated. >>> italy likely to see a strong uptai uptake thanks to supply reductions before year end. >>> and let's twist again. the fed set to announce a fresh around of bond purchases to match the outgoing twist program at the end of the year. >>> the international community blasts north korea after it successfully launches a long-range rocket, prompting an emergency u.n. security council meeting. >>> all right. a very good morning to you. we are going to be on to opec later. we've got the latest i.a. data out this morning. they're saying global oil demand projected around 90.5 million barrels a day. more than forecast. they say non-opec production bouncing back. an something bit. they're saying opec crude supply inched up in november led by higher output from saudi arabia. >> i think we'll have to call this today the case of the two oil reports. we have the
a background of slower economic recovery. opec expects demand for crude to rise as the dploe ball economy picks up. some analysts say opec could consider cutting output. heres a cck on markets. >>> nhk special coverage japan general election is a click away. we'll be adding features to our web and mobile sites. in-depth looks on what could define the campaign. get online and get informed >>> delegates from more than 100 countries noticed them as legitimate people. barack obama did the same thing a day earlier. the de the delegates met in morocco, the so-called friends of syria from the u.s., european union, and various arab countries. more than 50 opposition groups formed the coalition last month. the friends of syria say the organization is now the lawful government. should step down.bashar assad delegates did not state whether they would provide weapons to the coalition. some are concerned that those weapons could fall into the hands of radicals. a spokesperson said that they believe their allies will help arm them if the situation changes. the leaders of russia and china continue to support
for the price. >> peter, to what degree do you think opec is able to manage prices? do they want them to be higher than they are or are they happy with the current levels? >> opec is happy with the current levels. saudi has been quite public over the last several years saying that it sees around 100 for the opec basket, a little bit more than that for brent, as being a fair price. much more than that, it starts to get concerned about impacting demand. lower than that it obviously impacts the revenues for social spending, as well. and i think opec has apparently been able to manage that but i think on its own, opec is unable to maintain that price if there are real pressures on the demand side. so i think the fact that we've had relative stability around 100, 110 dollars brent is a testimony not only for opec's ability to manage the price, which sink marginal, but a confluence of interests at the moment between both producers and suppliers that this meets somewhere fairly in the middle. >> peter, we've been fairly volatile. a lot of that's down it tto the o geopolitics. and i assume th
rocket by one it has overtaken iran to become the second largest opec producer. there's no doubt the energy sector hold the keys to iraq's reconstruction and the world energy supply. >> that's the latest in business headlines for this hour. here is a look at markets in the region. >>> they've told u.s. agencies that have exthe ended. the rocket will be carrying a satellite into orbit. the real goal is to test the long range missile technology. north korea's committee of space technology said engineers found a technical problem with the first stage of the three stage rocket. the committee announced it will extend the period for lauhing byne week. north korea said it will launch the rocket between december 6th and the 22nd. the international maritime organization, and the international telecommunication union said they were told of the extension on monday. the maritime and aviation bodies use it for flight trajection. they have not provided information about a satellite's frequency or orbit. the international community should take serious action against north korea if it goes ahead
, the opec secretary said he doesn't see any threat from u.s. shale product, this after the uae minister has suggested a response from the oil ministers in vienna. gary ross, welcome. >> nice to be here. >> the shale revolution in the u.s., is it a game changer as much as we're hearing from jamie dimon, arcelormittal? do you think this is going to make the u.s. energy independent, almost? >> well, we think it is. it's huge. we've statemented about 11110 billion pounds of recovery oil from shale crude. u.s. product will be going up overall, about a million barrels a day in 2013. about 65% of it will be shale crude. and it will continue to grow. >> people should understand we're not just talking about gas. we're talking about methods that's right.extract more oil. gas is clearly surplus. we're going to have l&g exports in the united states. we have a long-term growth phenomenon for natural gas. what people don't realize is how huge the oil is. when we talk about $110 billion of recovered oil, that's on 7.5% recovery rate. the resource itself is huge. it's not just the united states. it's all o
Search Results 0 to 6 of about 7 (some duplicates have been removed)